24 Apr, 2021
How do you spread your risk when investing in stocks?
In this episode, we explain the HUGE importance of diversifying when it comes to investing. You might be thinking - ok but what does that mean? Essentially it means don't put all of your eggs in one basket. If you dropped the basket, all of the eggs would break right? The same analogy applies when it comes to your investments. For example if you bought stocks for only one company and that company went down the toilet, how would your portfolio be looking? Not so great. Diversification is one of the key's to creating a thriving portfolio!